Fondo Adelante Archives

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MEDA Pivots to Rapidly Deploy $4.3 Million in Paycheck Protection Program Loans for Bay Area Small Businesses in Need

by Fondo Adelante Small Business Loan Officer Pablo Solares The Paycheck Protection Program (PPP) was much applauded — and even more needed — when passed by the U.S. Congress at the beginning of the COVID-19 crisis. This monumental legislation sought to economically support small ventures which had suddenly lost business due to the public health…

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SF HELP Unveiled Locally, Goal to Assist Small-Business Owners Left Out of Federal Paycheck Protection Program

by Director of Fondo Adelante Nathanial Owen When in March Congress passed the Paycheck Protection Program, simply referred to as PPP in the news, the idea was that small-business owners could keep their employees on payroll as their venture was sustained during the unprecedented COVID-19 crisis. Unfortunately, PPP failed to live up to its expectations….

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Mayor London Breed Announces Expansion in Financial Relief for Small Business Impacted by COVID-19

Christopher Gil Associate Director of Marketing and Communications Mission Economic Development Agency (MEDA) (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE (from Office of the Mayor) June 4, 2020 Mayor London Breed Announces Expansion in Financial Relief for Small Business Impacted by COVID-19 Second Phase of Funding includes $6.5 million to support over 300 small…

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MEDA’s Fondo Adelante Announces Launch of Largest National Loan Fund for the Growth of Latino-Owned Small Businesses, in Partnership with NALCAB and Wells Fargo

Christopher Gil Associate Director of Marketing and Communications Mission Economic Development Agency (MEDA) (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE Nov. 14, 2019 MEDA Announces Launch of Largest National Loan Fund for the Growth of Latino-Owned Small Businesses, in Partnership with NALCAB and Wells Fargo $10 million Wells Fargo Foundation grant is designed to…

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Fondo Adelante Rapid Acquisition Fund Poised to Build Capacity of Small Sites Program Across San Francisco

Co-authored by: Director of Fondo Adelante Nathanial Owen  Chief Strategy Officer Lucy Arellano Baglieri (Part 2 of 2) Small Sites. It’s anything but small. Once a $3 million pilot program with MEDA, the San Francisco Small Sites Program is today a $40 million per year housing preservation strategy funded through a combination of City general…

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MEDA Harnessing the Power of San Francisco’s Small Sites Program, 25 Buildings and 400+ Residents Saved So Far

Co-authored by: Director of Fondo Adelante Nathanial Owen  Chief Strategy Officer Lucy Arellano Baglieri (Part 1 of 2) How does a longtime community-based organization in a span of five years go from solely providing direct services to becoming an innovative affordable-housing developer? Well, MEDA’s trajectory has been unique, but it is a model now ready…

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